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Dollar Tree misses in Q4 despite sales boost from Family Dollar
Dollar Tree on Tuesday credited sales at its Family Dollar division as helping to boost the company’s overall results for the fourth quarter. But the increase still fell short of analysts expectations.
Sales for the quarter ended Jan. 30 totaled $5.37 billion, a 116.7% increase from the year-ago period but still less than expected. The boost in revenue was the result of $2.68 billion in sales from the Family Dollar segment.
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Mobile POS market shows growth
The number of installed mobile POS units is growing rapidly.
Mobile POS devices surpassed 6 million units worldwide by the end of 2015, according to new research from IHL Group. The number of installed units grew by 64% during the year.
The vast majority of these units are being used in retailers below 50 stores in their chain. However, IHL reports it is beginning to see an uptick in enterprise mobile POS retail accounts.

